Underwriter, Professional Indemnity - Construction (London, GB)

Opportunity Review: Assistant Vice President, Professional Indemnity – Construction

This role presents a compelling opportunity for an experienced Professional Indemnity (PI) underwriter to make a significant impact within Swiss Re Corporate Solutions. As an Assistant Vice President in the CSYF-FinPro UK department, you will be instrumental in shaping and growing the Professional Indemnity – Construction portfolio. This position offers a platform to leverage your established expertise and market relationships while contributing to a global leader in risk solutions.

Advantages for Your Career Path:

• Strategic Impact: You will play a pivotal role in underwriting Professional Indemnity – Construction risks for architects, engineers, contractors, and surveyors. This involves both primary and excess insurance, providing a broad scope for technical application and strategic decision-making.
• Relationship Building & Business Development: A key aspect of this role is generating new business by leveraging existing broker networks and cultivating new relationships. This is an excellent opportunity to expand your professional influence and contribute directly to business growth.
• Tailored Solutions: The role emphasizes the creation of bespoke solutions for clients using multinational/local policy capabilities. This allows you to showcase your ability to innovate and provide high-value services.
• Cross-Functional Collaboration: You will have the chance to contribute to bespoke projects within Corporate Solutions and work within international deal teams. This exposure to diverse teams and projects can significantly broaden your experience and understanding of the global insurance landscape.
• Professional Development: The description hints at opportunities for growth, with "nice to haves" like experience mentoring junior team members and working with multinational policy capabilities, suggesting a supportive environment for further skill development.
• Attractive Compensation & Benefits: The provided salary range for London (GBP 63,000 - GBP 95,000) is competitive, and the mention of an attractive performance-based variable compensation component, along with global and location-specific benefits, underscores the comprehensive reward structure.
• Inclusive Environment: Swiss Re Corporate Solutions champions an inclusive culture, encouraging diverse perspectives and offering a flexible work environment. This fosters a supportive atmosphere where you can bring your authentic self to work and contribute to sustainability.

Key Considerations for Candidates:

• Technical Prowess: A strong foundation in Professional Indemnity underwriting, with demonstrated technical proficiency, is essential. You must be adept at analyzing complex risks, evaluating exposures, and structuring coverage with precision.
• Market Connectivity: An established network of Professional Indemnity brokers and commercial institution clients is a significant asset, and a crucial requirement for success in this role.
• Analytical & Negotiation Skills: The ability to conduct thorough risk analysis and negotiate effectively with brokers and clients is paramount. A service-oriented approach will be key to building and maintaining strong partnerships.
• Adaptability & Collaboration: While self-motivation and independent working are valued, a collaborative approach and commitment to teamwork are equally important. The dynamic environment requires adaptability and the ability to work effectively with others.
• Hybrid Work Model: The role operates under a hybrid work model, requiring at least three days in the office per week. Candidates should be comfortable with this arrangement.
• Potential for International Exposure: While the role is based in the UK, the "nice to have" of experience with multinational policy capabilities suggests that international exposure is a desirable trait and may become a more significant aspect of the role.

This Assistant Vice President position is an exciting prospect for a driven underwriter looking to advance their career in a challenging and rewarding environment. By contributing your technical expertise and strong market relationships, you can play a significant part in the ongoing success of Swiss Re Corporate Solutions.